The developer behind the Burj Rafal tower has said that it expects the 70-storey block to complete by June next year.
Rafal Real Estate Development Company said in a press conference this week that after an 18-month build period to date the project remains on track to complete in eight months.
Once complete, Burj Rafal will house 440 apartments and one of the first Kempinski hotels in Saudi Arabia. The 300-bed hotel will have two restaurants, three cafés, conference facilities, a ballroom for up to 2,000 guests, two spas and wellness centres and a range of exclusive retail outlets.
Rafal Real Estate Development Co chief executive Majed Al-Hogail said: “Opening in June 2013, this unique and glorious vertical residential self-sustained community will be a landmark of 308m on 70 floors constructed on an exclusive 20,000m2 plot in Assahafa District in the north of Riyadh along King Fahed Highway close to King Abdullah Financial District; an area that’s set to become the golden mile of Riyadh.
“The community will be equipped with fully integrated systems using world-class construction company – DCC and hosting Kempinski – one of the most renowned luxurious European hotels in the world.”
Abdullah Yabroudi, CEO & MD of Dubai Contracting Company, said that Burj Rafal was “yet another successful story” for the his company, which has already built a number off high-rise projects in the UAE including The Rolex Tower, Bright Start Tower and Fairmont Hotel. He added that on Burj Rafal, it has used more than 2,500 laborers, 119,000 tons of thick high-quality steel and more than 106,500 tons of high-quality cement.
The conference was also attended by contractor Dubai Contracting Company, financier Riyadh Capital and the president of Kempinski’s Middle East Africa division, Ulrick Eckhardt.
Mr Eckhardt confirmed the was one of three it is currently planning in the Kingdom, with one due to open in Al Khobar shortly, and another due to open in Jeddah in 2015.
“I am happy to be here on this occasion to celebrate a significant milestone in the development of what will surely be the best address in Riyadh,” he said.
“Therefore, having a distinct presence inside Saudi Arabia through the opening of an iconic property like Burj Rafal Hotel Kempinski is an important part of our future growth strategy.”